LME steel billet future prices rise, but below physical market

Dec 20, 2010 | 11:38 AM | Daniel Gleeson

Steel billet prices rose 1.9 percent last week on the London Metal Exchange, but continued to trade at a discount to the physical market, sources said.

Three-month billet settled at $550 per tonne Friday, up from $540 per tonne at the start of the week. The contract remained unchanged on Monday.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results